By Administrator_India Capital Sands Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in economic recovery boosted the Nasdaq index to its highest-ever closing level. MSCI’s global share index was set for a fifth straight month of gains on Wednesday. Its index tracking Asian shares […]
Month: June 2021
Dollar bides time below two-month highs before payrolls test
By Administrator_India Capital Sands The dollar hovered below a two-month high versus major counterparts on Tuesday, with traders largely sidelined ahead of a closely watched U.S. jobs report, which could sway the timing of an exit from Federal Reserve stimulus. The dollar index, which tracks the greenback against a basket of six major currencies, was at […]
Oil drifts near 2018 highs ahead of OPEC+ meeting
By Administrator_India Capital Sands Oil prices hit and then recoiled from highs last seen in October 2018 on Monday as investors eyed the outcome of this week’s OPEC+ as the United States and Iran wrangle over the revival of a nuclear deal, delaying a surge in Iranian oil exports. Brent crude for August had slipped 16 […]
Sensex, Nifty Likely To Have A Muted Opening
By Administrator_India Capital Sands The domestic stock markets are likely to start the last trading day of the week on a muted note, post the rally witnessed in the previous session. Trends on SGX Nifty indicate a flat opening for the index in India, with a 10-point gain. At 7:30 am, the Nifty futures were […]
Reliance Industries AGM TO Be Held Today. Things To Look Forward To
By Administrator_India Capital Sands Reliance Industries will hold its 44th Annual General Meeting (AGM) at 2 pm on June 24. Reliance Industries is likely to make announcements across its telecom, retail and O2C businesses, as has been the norm in the past. AGMs have also been an occasion for new investors to join the digital […]
Asian Stocks Up, Reassuring Fed Comments Calm Investor Nerves
By Administrator_India Capital Sands Asia Pacific stocks were mostly up Wednesday morning, with reassuring comments from U.S. Federal Reserve officials on inflation and monetary policy starting to calm investors’ frayed nerves. Japan’s Nikkei 225 edged up 0.16% by 10:11 PM ET (2:11 AM GMT), with the Bank of Japan released the minutes from its own monetary policy meeting earlier […]
Dollar catches breath as traders await Powell testimony
By Administrator_India Capital Sands The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for guidance, after a surprise shift in the central bank’s policy outlook, while cyptocurrencies nursed heavy losses. The greenback has gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, […]
Sensex, Nifty Likely To Have A Weak Opening
By Administrator_India Capital Sands The domestic stock markets are likely to open in the red on the back of negative global cues. Trends on SGX Nifty indicate a gap-down opening for the Nifty in India, with a 190-points loss. At 7:30 am, the Nifty futures were trading at 15,559, lower by 190 points or 0.7 […]
Oil slips again on surging U.S. dollar, but holds above $70
By Administrator_India Capital Sands Oil prices fell for a second consecutive day on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but were nevertheless on track to finish the week flat – only slightly off multi-year highs. Brent crude futures were down 52 cents, or 0.7%, at […]
Stocks to watch: Power Grid, SBI, Tata Steel, CESC, Federal Bank, Wipro
By Administrator_India Capital Sands Nifty futures on the Singapore Exchange traded 109 points down at 15,666 around 8.40 am, indicating a gap-down start for the benchmark indices on Thursday. Here are the top stocks to watch in today’s session: Earnings Today: A total of 33 companies, including Power Grid Corporation, Natco Pharma, Jammu & Kashmir Bank, DB Corp, and Khadim […]